Reiterating its ‘outperform’ rating on the stock, Haitong said it expects Siemens to post revenue and earnings growth of 20% and 22%, respectively, over FY23-26 on a compounded basis. “Enquiries are strong, and Siemens believes the private capex is at an inflection point,” said Haitong’s analysts Rahul Gajare and Maulik Shah in a note to clients.
Market Outlook: Can Nifty find its footing as crude, Fed policy drive markets?
Indian equities enter a holiday-shortened week with the Nifty at a crucial support zone after five consecutive weekly declines. The US Fed’s policy decision, FOMC